SECURITYSCMP CHINA
Trump vows to punish Iran for Houthi attacks in Red Sea, as oil surges over US$100
US President Donald Trump vowed 'major military punishment' for Iran and Houthi allies after Yemeni fighters attacked Saudi oil tankers in the Red Sea, causing global oil prices to surge over US$100 a barrel. Fears of expanded disruption in shipping routes led to a 6% rise in Brent crude prices.
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- Oil prices hover near $100 a barrel after attacks on Saudi oil tankers
- Oil surges toward $100 as Houthis strike Saudi tankers and Trump escalates Iran threats
- Oil soars to $100 on fresh Mideast attacks
- Yemen's Houthis attack Saudi tankers in the Red Sea, threatening to widen Iran war